New-build home prices in 06516
Recorded home sales in ZIP 06516 (South Central Connecticut Planning Region) run a median of $213 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $159 and $267/sq ft.
What new homes sell for in 06516
At the local median of $213/sq ft, a new home would price roughly:
| 1,500 sq ft | $319,500 |
| 2,000 sq ft | $426,000 |
| 2,500 sq ft | $532,500 |
| 3,000 sq ft | $639,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 1,528 | $237 | 1,267 sf | $300,000 |
| Condominium | 390 | $156 | 930 sf | $150,000 |
| Multi-family | 307 | $141 | 2,420 sf | $343,000 |
| Residential (misc) | 21 | $268 | 1,792 sf | $485,000 |
Recent sales in 06516
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Multi-family | 2,470 | $975,000 | $395 | 1910 | 3/2025 |
| Multi-family | 3,592 | $615,000 | $171 | 1925 | 3/2025 |
| Single-family | 2,245 | $609,000 | $271 | 1960 | 1/2025 |
| Multi-family | 3,410 | $594,500 | $174 | 1861 | 1/2025 |
| Multi-family | 2,166 | $565,500 | $261 | 1910 | 1/2025 |
| Residential (misc) | 1,792 | $540,000 | $301 | 1966 | 1/2025 |
| Multi-family | 2,406 | $525,000 | $218 | 1900 | 3/2025 |
| Multi-family | 2,304 | $520,000 | $226 | 1978 | 3/2025 |
| Multi-family | 3,461 | $517,000 | $149 | 1934 | 3/2025 |
| Single-family | 2,328 | $515,000 | $221 | 1925 | 2/2025 |
| Multi-family | 2,388 | $515,000 | $216 | 1900 | 1/2025 |
| Single-family | 1,372 | $503,000 | $367 | 1910 | 3/2025 |
| Multi-family | 3,014 | $500,000 | $166 | 1910 | 3/2025 |
| Single-family | 1,104 | $500,000 | $453 | 1959 | 2/2025 |
| Multi-family | 2,200 | $488,000 | $222 | 1910 | 1/2025 |
Appraising a site in 06516?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 06516 home prices
- What is the price per square foot in 06516?
- Recent recorded home sales in ZIP 06516 (South Central Connecticut Planning Region, CT) run a median of $213 per square foot, with the middle half between $159 and $267, from 2,246 qualified sales in 2021-2025.
- What does a home sell for in 06516?
- The typical recorded sale in 06516 is a 1,276 sq ft home at $290,000. A new 1,276 sq ft home at the local $213/sq ft would price around $271,788.
- Where does this 06516 data come from?
- the Connecticut statewide CAMA and parcel layer, compiled from all 169 town assessors. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of South Central Connecticut Planning Region →
Nearby ZIPs: 06519 · 06510 · 06477 · 06511 · 06515 · 06512 · 06460 · 06513
Connecticut land hub
Method: recorded residential sales with assessor living area (2021+) from the Connecticut statewide CAMA and parcel layer, compiled from all 169 town assessors, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.